By: Shariq Khan – Reuters – Unit Corporation, one of the top U.S. natural gas producers, has hired an investment bank for...
By: Shariq Khan – Reuters – Chesapeake Energy Corp (CHK.O) is in advanced talks to acquire privately-owned natural gas producer Chief Oil...
By: Haley Zaremba – OilPrice – As we kick off the new year, the race is on to predict the course that...
The crude oil market has already gained 10 percent since the start of the year and has further to go, Vitol’s head...
Over the past three years, dozens of cities across the country have banned natural gas hookups in newly constructed buildings as part...
By: Irina Slav – OilPrice.com – Oil is about to post its fourth week of gains in a row, and the outlook...
By: Timothy Gardner and Nidhi Verma – Reuters – China will release crude oil from its national strategic stockpiles around the Lunar...
The European gas crunch has been hogging headlines for months now, and with good reason – the continent is still struggling to...
By: Rystad Energy – Global oil and gas investments will expand by $26 billion this year as the industry continues its protracted...
By: Ron Bousso and Sabrina Valle – Reuters – Europe’s Big Oil companies are planning to spend their windfall from high energy...
U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, energy services firm Baker Hughes said in its closely followed report on Friday.
The total oil and gas rig count, an early indicator of future output, rose by two to 588 in the week to February 14.
Despite this week's rig increase, Baker Hughes said the total count was still down 33 rigs, or 5% below this time last year.
Baker Hughes said oil rigs rose by one to 481 this week, while gas rigs gained one to 101.
The oil and gas rig count declined by about 5% in 2024 and 20% in 2023 as lower U.S. oil and gas prices over the past couple of years prompted energy firms to focus more on paying down debt and boosting shareholder returns rather than raising output.
Top oilfield services provider SLB is restructuring certain business functions and expecting more job cuts, according to a source familiar with the matter and an internal email seen by Reuters.
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
In a stark reminder of the volatile energy landscape and the relentless drive for...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
In a move that is raising eyebrows across the global oil industry, ConocoPhillips has...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
Have your oil & gas questions answered by industry experts.